Thermax ltdUptrend HH HL
Pullback halted at 50% fibbonaci levels
Rsi hidden bullish divergence
BIg candle with volumes
Avwap sqeeze
Next report date
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Report period
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EPS estimate
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Revenue estimate
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57.30INR
6.45 BINR
93.23 BINR
36.99 M
About THERMAX
Sector
Industry
CEO
Ashish Bhandari
Website
Headquarters
Pune
Founded
1966
ISIN
INE152A01029
FIGI
BBG000C4RWT6
Thermax Ltd. engages in the provision of engineering solutions to the energy and environment sectors. It operates through the following segments: Energy, Environment, and Chemical. The Energy segment comprises Process Heating, Absorption Cooling and Heating, Boiler and Heater and Power businesses and related services. The Environment segment consists of air pollution control and water and waste solutions. The Chemical segment comprises boiler and water chemicals, resins, performance chemicals, construction chemicals and oil field chemicals. The company was founded by A. S. Bhathena in 1966 and is headquartered in Pune, India.
Trendline breakout in 1 hourBroken the trendline and retested and formed bullish engulfing at support. It's good for swing traders to buy. It's only my view not a recommendation.
Thermax - long investment ideaThermax results were great in last quarter. Overall trend of thermax chart is upward, stock gave a breakout, made double top and now doing a full retracement to the last breakout levels. CMP to 2450 is a good buying range. Potential to give solid returns in 1-2 years time horizon.
THERMAXProbably it may give breakout from the ratio chart hence keep it watch list for long candidate
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Thermax-Nice BreakoutThermax-Nice Breakout
Capital to be deployed- 20k
Investing Price -2550-60
Breakout Price -2533
Stoploss -2250
Targets -3193-3850
#thermax #StocksInFocus #StocksToBuy #stockstowatch #stocks #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Long term - Thermax Weekly candle BO being done and RSi and MACD showing strength
Delivered good results too
#THERMAX Looking good at 17 marTHERMAX Looking good for tomorrow
Keep eye on tomorrow
looking good for intraday as well as short term calls
Buy Long Tharmax at 2230 for Target of 2589 , SL - 213 NSE:THERMAX Inverted head & shoulder break out with high volume, Expected Returns - 16.09%.
ThermaX - Cup & HandleCup and handle formation and Inside days.
Volume dry up on contraction.
Buy stop order placed at 1818.5
SL at Inside day candle low with some buffer.
Publishing for documentation of my trades.
See all ideas
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Frequently Asked Questions
The current price of THERMAX is 5245.00 INR — it has increased by 4.23% in the past 24 hours. Watch THERMAX stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange THERMAX stocks are traded under the ticker THERMAX.
THERMAX stock has risen by 2.24% compared to the previous week, the month change is a 13.96% rise, over the last year THERMAX has showed a 127.55% increase.
We've gathered analysts' opinions on THERMAX future price: according to them, THERMAX price has a max estimate of 5480.00 INR and a min estimate of 2475.00 INR. Watch THERMAX chart and read a more detailed THERMAX stock forecast: see what analysts think of THERMAX and suggest that you do with its stocks.
THERMAX reached its all-time high on May 15, 2024 with the price of 5382.40 INR, and its all-time low was 7.65 INR and was reached on Sep 21, 2001. View more price dynamics on THERMAX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
THERMAX stock is 6.52% volatile and has beta coefficient of 0.38. Track THERMAX stock price on the chart and check out the list of the most volatile stocks — is THERMAX there?
Today THERMAX has the market capitalization of 599.87 B, it has decreased by 0.45% over the last week.
Yes, you can track THERMAX financials in yearly and quarterly reports right on TradingView.
THERMAX is going to release the next earnings report on Jul 30, 2024. Keep track of upcoming events with our Earnings Calendar.
THERMAX earnings for the last quarter are 16.70 INR per share, whereas the estimation was 15.88 INR resulting in a 5.20% surprise. The estimated earnings for the next quarter are 11.94 INR per share. See more details about THERMAX earnings.
THERMAX revenue for the last quarter amounts to 27.64 B INR despite the estimated figure of 26.96 B INR. In the next quarter revenue is expected to reach 22.30 B INR.
THERMAX net income for the last quarter is 1.90 B INR, while the quarter before that showed 2.38 B INR of net income which accounts for −20.14% change. Track more THERMAX financial stats to get the full picture.
Yes, THERMAX dividends are paid annually. The last dividend per share was 10.00 INR. As of today, Dividend Yield (TTM)% is 0.20%. Tracking THERMAX dividends might help you take more informed decisions.
THERMAX dividend yield was 0.29% in 2023, and payout ratio reached 20.94%. The year before the numbers were 0.44% and 25.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. THERMAX EBITDA is 7.97 B INR, and current EBITDA margin is 8.55%. See more stats in THERMAX financial statements.
Like other stocks, THERMAX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade THERMAX stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So THERMAX technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating THERMAX stock shows the strong buy signal. See more of THERMAX technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.